The forecast for soya bean imports to Italy from 2024 to 2028 shows a steady incremental rise in value, starting at $718.01 million in 2024 and reaching $749.99 million by 2028, reflecting a general upward trend. This represents an average annual growth rate (CAGR) of around 1.1% over the five-year period. Given 2023's position, these forecasts suggest a positive outlook for import demand in Italy, driven potentially by increased consumption needs or alterations in domestic production.
Future trends to watch for include potential impacts from global trade policies, Italian agricultural policy changes, and shifts in consumer preferences towards plant-based products. Additionally, any climatic changes affecting global soya bean production could also influence these import projections. Observing these factors will be crucial for accurate future forecasting.
